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Romania: Premier Energy separates gas supply and distribution to align with EU regulations

Premier Energy has split its natural gas supply and distribution operations to comply with European regulations, creating two distinct entities: Premier Energy, responsible for...

Romania: Premier Energy acquires 90% stake in solar project and expands wind energy portfolio in Moldova

Premier Energy Group has announced that its subsidiary, Alive Renewable Holding Limited, has successfully acquired a 90% stake in Development Power Solar Energy. This...

Romania: Antitrust body approves acquisition of Iberdrola wind park

The Romanian Competition Council has given the green light for the acquisition of Eolica Dobrogea One by Premier Energy through its subsidiary Premier Renewable...

Romania: Premier Energy added two new solar projects to its portfolio

Premier Energy Group, through Alive Renewable Holding Limited, and alongside Motor Oil Renewable Energy Single Member S.A (MORE), have signed the acquisition of two...

Romania: Competition Council examines Premier Energy’s acquisition of the 80 MW wind farm 

Premier Renewable Invest's plan to acquire Eolica Dobrogea One is being examined by the Competition Council.  The Premier Energy group includes Premier Renewable Invest, a...

Romania: EBRD bought a minority share package in Premier Energy

Energy company Premier Energy started trading on the Bucharest Stock Exchange after an initial public offering that valued the company at 2.4 billion RON...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.